Massachusetts Attorney General Martha Coakley has given the green light to Partners HealthCare's bid to acquire two health systems, but the state also hammered out an agreement that will alter Partners' negotiating power for the next decade.
Transactions & Valuation Issues
The Sarbanes-Oxley Act and other federal laws have increased the scrutiny auditors face in identifying impairment issues when the book value of an entity's assets exceeds its fair value, according to healthcare appraisal firm Principle Valuation.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
In a session at the Becker's Hospital Review Annual Meeting in Chicago on May 16th, David Jarrard, president and CEO of Jarrard Phillips Cate & Hancock, and Susan Alcorn, senior vice president of Jarrard Phillips Cate & Hancock, presented 10…
At the Becker's Hospital Review 5th Annual Meeting in Chicago on May 16th , panelists discussed key issues in hospital and health system consolidation and affiliation.
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Northwestern Memorial HealthCare in Chicago and Cadence Health in Winfield, Ill., have approved a definitive merger agreement.
Executives at Saratoga Hospital in Saratoga Springs, N.Y., and Glens Falls (N.Y.) Hospital have entered into discussions about a possible collaboration.
Kindred Healthcare, a post-acute care services provider based in Louisville, Ky., has made an unsolicited proposal to acquire Atlanta-based home health and hospice services provider Gentiva Health Services in a transaction that would be valued at $1.6 billion.
CHE Trinity Health, based in Livonia, Mich., has signed a non-binding letter of intent to sell two hospitals to Traverse City, Mich.-based Munson Healthcare.
Reimbursement patterns are under transformation in this era of healthcare reform and the switch from fee-for-service to value-based payments.